EXPERTISE
Competition & State Aid

Ukraine temporarily exempts certain foreign-to-foreign concentrations from merger control requirements

May 2024 – The Ukrainian Competition Law was amended to exempt certain transactions in the military and defence sector from merger control requirements. As a result of these amendments, merger control requirements in Ukraine will not apply to foreign-to-foreign...

Significant changes to the Hungarian Competition Act expected in the summer

April 2024 – The latest proposed amendment to the Hungarian Competition Act, recently submitted to the Hungarian Parliament, would enter into force on 1 July 2024, but it has not yet been adopted. The package of amendments would cover several areas...

AMC increases fines for competition law violations in Ukraine

April 2024 – A so-called Procedure for Determining the Amount of Fines Imposed for the Violation of Laws on the Protection of Economic Competition (the “Procedure”) issued by the Antimonopoly Committee of Ukraine (“AMC”) in 2023, and binding...

Settlement procedure: Overview for businesses in light of Ukraine's new competition law

April 2024 – Building on established practices, and taking inspiration from the successful experiences of international partners, the Ukrainian competition authority (the Antimonopoly Committee of Ukraine) has introduced a settlement procedure for cartels...

Improved leniency policy: Overview for businesses in light of Ukraine's new competition law

March 2024 – A leniency procedure has been in place in Ukraine for many years. However, available data suggests it has been severely underutilised. A recent first stage of competition law reforms in Ukraine introduced, among other things, an improved...

Coffee industry leaders face EUR 2 million fine and secure a conditional merger before Serbian Competition Authority

March 2024 – On 29 February 2024, the Serbian Competition Authority (the “SCA”) published two detailed decisions involving two largest undertakings on the Serbian coffee market. The first one relates to concerted practices that resulted in a joint...

Dawn raids: Guidelines for businesses in light of Ukraine's new competition law

March 2024 – At present, even though the Antimonopoly Committee of Ukraine (AMC) does not actively conduct inspections, conducting dawn raid inspections is still permissible during martial law.

Kinstellar announces new promotions to Counsel

February 2024 – Kinstellar is delighted to announce the promotions to Counsel of: Yerlan Akhmetov, Kuanysh Shekerbekov (Almaty, Kazakhstan), Cătălin Dinu, Cătălin Graure (Bucharest, Romania), Barnabás Sági (Budapest, Hungary), Yulia Eismont, Maksym...

Hungarian Government's decree on reducing food inflation to enter into force

January 2024 – The Hungarian government's decree on measures to combat the so-called “shrinkflation” will enter into force on 1 February 2024. “Shrinkflation” refers to the hidden raising of prices by reducing the size of products.

Romania transposes the ECN+ Directive, further strengthening the Competition Council’s investigative powers

December 2023 – Facing EU infringement concerns, Romania has finally adopted an ordinance amending the Competition Law no. 21/1996 (the “Competition Law”), aimed at fully transposing into local law EU Directive 1/2019 to empower the competition...